Platts to reflect 5,000 cu m barges loading 7-20 days forward in Rotterdam LNG bunker assessments

S&P Global Platts will reflect 5,000 cu m barge trades, loading 7-20 days forward, in its Rotterdam LNG Bunker Fuel assessments from Aug. 16, 2020.

This decision follows a proposal published June 2 and available on LNG Daily.

In making this change, Platts will be defining more specifically the terms it reflects around the loading periods and volume for LNG as marine bunker loadings from Rotterdam.

Platts will continue to consider other trade volumes in its Rotterdam LNG bunker assessment, recognizing that a wide range of trade volumes take place in this developing market space. Other trade volumes will be normalized to the base volume of 5,000 cu m using market-derived normalization factors.

Platts publishes its Rotterdam LNG bunker assessment in Eur/MWh and $/mt in the Platts pricing database under the symbols LNBRT00 and LNBRM00, respectively. They appear in Platts LNG Daily, Platts Bunkerwire, Platts Platform, on Platts Gas Alert page PGN 860 and on Platts LNG Alert page LNG 860.

Platts is continually seeking feedback around quality, loading periods and loading volumes in the LNG bunker market across Europe, and is actively considering expanding its suite of LNG bunker assessments based on market trends.

Please submit questions and feedback to LNGeditorialteam@spglobal.com and PriceGroup@spglobal.com. For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.